The URL can be used to link to this page

Home My WebLink About126-24 RESOLUTIONFile Number: 2024-1885 113 West Mountain Street Fayetteville , AR 72701 (479) 575-8323 Resolution: 126-24 E-SCOOTER PROGRAM (REVENUE RECOGNITION): A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $30 ,000.00 RECOGNIZING REVENUE RECEIVED FROM THEE-SCOOTER PROGRAM BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section I: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution , in the amount of $30 ,000.00 recognizing revenue received from the e-scooter program and increasing the related expense budget. PASSED and APPROVED on May 7, 2024 Attest: Page 1 Mailing address: 113 W. Mountain Street Fayetteville, AR 72701 www.fayetteville-ar.gov CITY COUNCIL MEMO 2024-1885 MEETING OF MAY 7, 2024 TO: Mayor Jordan and City Council THRU: Chris Brown, Public Works Director Susan Norton, Chief of Staff Matt Casey, Engineering Design Manager FROM: Matt Mihalevich, Active Transportation Manager SUBJECT: Budget Adjustment to recognize revenue from the e-scooter program in the amount of $30,000 and increase the related expense budget. RECOMMENDATION: Approval of a Budget Adjustment to recognize revenue from the e-scooter program in the amount of $30,000 and increase the related expense budget. BACKGROUND: Fayetteville began permitting shared e-scooters in 2019 shortly after an e-scooter ordinance (6205) was adopted. In 2020, e-scooter permit revenues started at $27,200 per year. 2021 and 2022 revenues increased to $60,400 per year. In 2023, the revenues increased to $93,744 due to an increase in the number of e- scooters operating. The program continues to see high usage rates and revenue is anticipated to be at least $60,000 going forward into the future. Historically, this project has used revenue from the e-scooter companies to fund half of the Mobility Coordinator's salary and $15,000 to make improvements to the trail system and on-street bicycle network, including construction of scooter/bike parking, safety campaigns for all users, promotional materials and other mobility program related enhancements and maintenance. DISCUSSION: This request is to continue to dedicate $30,000 of the revenue to the Mobility Coordinator position and increase the funds available for implementing infrastructure enhancements from $15,000 to $30,000 to account for increasing construction expenses and needs for parking. Based on historical records, e-scooter revenues will be more than sufficient to cover these expenses. YEAR REVENUE 2020 27,200 2021 60,400 2022 60,400 2023 93,745 Grand Total $241,745 Mailing address: 113 W. Mountain Street Fayetteville, AR 72701 www.fayetteville-ar.gov Increasing active transportation and mobility opportunities for our residents and visitors is a primary goal of many of the adopted plans. This project addresses these goals by using revenue generated from the e- scooters to enhance the safety and user experience of the active transportation system for all users in Fayetteville. BUDGET/STAFF IMPACT: By recognizing $30,000 of the expected $60,000 in revenue from the e-scooter program, staff will be able to use these funds for upgrades to the active transportation system. ATTACHMENTS: SRF (#3), BA (#4) Page 1 City of Fayetteville, Arkansas Legislation Text 113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 File #: 2024-1885 Budget Adjustment to recognize revenue from the e-scooter program in the amount of $30,000 and increase the related expense budget. A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $30,000.00 RECOGNIZING REVENUE RECEIVED FROM THE E-SCOOTER PROGRAM BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution, in the amount of $30,000.00 recognizing revenue received from the e-scooter program and increasing the related expense budget. Comments: Purchase Order Number: Change Order Number: Previous Ordinance or Resolution #6205 Approval Date: Original Contract Number: 21012 Project Number Budget Impact: Mobility / Trail Improvements Fund 10101010.090.6600-5814.05 Account Number Project Title City of Fayetteville Staff Review Form 2024-1885 Item ID 5/7/2024 City Council Meeting Date - Agenda Item Only Approval of a Budget Adjustment to recognize revenue from the e-scooter program in the amount of $30,000 and increase the related expense budget. N/A for Non-Agenda Item Action Recommendation: Submitted By Matt Mihalevich ENGINEERING (621) Division / Department 3/28/2024 Submitted Date No 1,509.00$ -$ V20221130 Budgeted Item? Does item have a direct cost? Is a Budget Adjustment attached? Total Amended Budget Expenses (Actual+Encum) Available Budget Item Cost Budget Adjustment Remaining Budget 2,509.00$ 1,000.00$ Yes Yes 30,000.00$ 31,509.00$ City of Fayetteville, Arkansas - Budget Adjustment (Agenda) Budget Year Division /Org2 ENGINEERING (621) Adjustment Number 2024 Requestor:Matt Mihalevich BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION: A Budget Adjustment to recognize revenue from the e-scooter program in the amount of $30,000 and increase the related expense budget. COUNCIL DATE:5/7/2024 ITEM ID#:2024-1885 Holly Black 4/10/2024 1:34 PM Budget Division Date TYPE:D - (City Council) JOURNAL #: GLDATE: RESOLUTION/ORDINANCE CHKD/POSTED:/ v.2024322TOTAL30,000 30,000 Increase / (Decrease)Project.Sub# Account Number Expense Revenue Project Sub.Detl AT Account NameGLACCOUNTEXPENSEREVENUEPROJECTSUBATDESCRIPTION X 1010.001.0001-4208.00 -30,000 21012 1 RE License - Scooters 1010.090.6600-5814.05 30,000 -21012 1 EX Improvements - Trails -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 1 of 1